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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration Act, Upholds Arbitral Award Rejecting Claim for Share Trading Losses. Claimant Failed to Prove Respondent's Negligence or Breach of Contract, and Findings of Fact by Arbitrator Are Binding.

The appellant, Rajendra Kumar Bothra, filed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 against the judgment of a learned...

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Supreme Court Dismisses Power Trust's Appeal Against CIRP Initiation for Appellant(s), Upholds NCLAT Order Admitting Section 7 IBC Application Due to Default and Non-Compliance with Restructuring Conditions

The Supreme Court dismissed an appeal challenging the initiation of corporate insolvency resolution process (CIRP) against Hiranmaye Energy Ltd. under...

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Bombay High Court Considers Section 34 Petition by State-Owned Oil Corporation to Set Aside Arbitral Award. Petitioner Alleges That Award Is Vitiated by Fraud Due to Non-Disclosure of Corporate Insolvency Proceedings by Respondent Joint Venture.

The matter arose out of a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Hindustan Petroleum Corporation Ltd., a sta...

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"High Court of Bombay: Commercial Arbitration Appeal" "Exploring the scope of judicial review under Section 34 and 37 of the Arbitration and Conciliation Act, 1996, addressing readiness, willingness, and compensation issues in a shareholder dispute."

Arbitration Scope: The Court clarified the restrictive jurisdiction under Section 34 and 37 of the Arbitration and Conciliation Act, emphasizing minim...

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High Court of Karnataka Reserves Order on Petitions to Quash FIRs in Joint Development Project Dispute. Petitions Challenge Three Separate Criminal Proceedings for Breach of Agreement, Cheating, Forgery, and Bribery in Procurement of Occupancy Certificate for Residential Villa Project.

The High Court of Karnataka heard three criminal petitions filed by Sri Aditya Kankaria, a director of M/s KSM Niketan Pvt. Ltd., seeking quashing of ...

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Supreme Court Allows Appellant in Mining Auction Dispute Due to Arbitrary Forfeiture of Earnest Money. Writ Jurisdiction Exercised Under Article 226 of the Constitution as Government Action Was Unreasonable and Facts Were Undisputed, Directing Refund of Forfeited Amount.

The dispute arose from a mining auction conducted by the Directorate of Mining, Industries and Commerce Department, Chandigarh, Punjab. The appellant,...